Doric’s aircraft portfolio grows to 25 aircraft valued at $3.8 billion

Doric Asset Finance reportec the addition of a 10^th Airbus A380 aircraft to its aircraft portfolio under management. Doric Nimrod Air Two Limited (“DNA2”) took delivery of MSN 077 at the Airbus delivery centre in Hamburg. The aircraft is leased to Emirates for a period of 12 years. The Airbus A380 was purchased for US$ 234 million, of which about US$ 151 million was financed through a 12-year fully amortising senior loan. DNA2 was listed on 14^th July 2011 on both the London Stock Exchange (“LSE”) and the Channel Island Stock Exchange (“CISX”). The company’s sole objective is to own and lease three Airbus A380 aircraft to Emirates.